Cannon Funeral Home purchased in Fountain Inn, SC

Fountain Inn, South Carolina – Cannon Memorial Park and Funeral Home was purchased on October 3, 2016, by Al Cannon and Andy Byrd.    The original Cannon Funeral Home was founded in 1890 by Al Cannon’s great grand father, and had subsequently been sold to Stewart Enterprises.

Greg Rollings of Rollings Funeral Service, Inc, became the new owner of the business in 2015 when he purchased a group of funeral homes being divested by Stewart Enterprises.    At that time Al Cannon approached Greg and asked if he would be willing to sell the business back to the Cannon family, its original founders.    Greg, being a family owned business himself, understood the emotional ties to businesses and agreed to work with the family to repurchase the business.

NewBridge Group worked with Buyer and Seller to structure a fair transaction and Vineyard Capital Partners, LLC (vineyardcp.com) provided funding for the purchase.

Al Cannon and Andy Byrd, who already own the Heritage Funeral Home in Fountain Inn, will now continue to serve Fountain Inn and the surrounding communities through the Cannon Funeral Home and Memorial Park cemetery.

For more information on funeral home valuation or selling a funeral home please contact Jeff Boutwell with the NewBridge Group at (404) 249-9582.